Each vendor shall maintain adequate records of facilities subject to the occupancy tax and of proceeds received for the use thereof. The records to be maintained shall include but are not limited to: federal income tax returns, State of New Mexico form CRS-1, financial statements, general and subsidiary ledgers, sales journals, charts of accounts, daily summaries and reports, monthly summaries, registration cards, bank statements, and year-end adjusting entries. The records shall be maintained in Albuquerque and shall be open to inspection by the city during reasonable hours and shall be retained for three years.
('74 Code, § 4-2-8) (Ord. 80- 1969; Am. Ord. 56-1993; Am. Ord. 24-2001; Am. Ord. 2019-024) Penalty, see §4-4-99